CORRECTION: Canadian Solar Cuts FY23 Total Revenue Outlook From $9B-$9.5B To $8.5B-$9.0B Vs. Consensus $9.27B
Portfolio Pulse from Benzinga Newsdesk
Canadian Solar has revised its FY23 total revenue outlook downwards from $9B-$9.5B to $8.5B-$9.0B, against a consensus of $9.27B.
August 22, 2023 | 12:48 pm
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NEGATIVE IMPACT
Canadian Solar's downward revision of its FY23 total revenue outlook may negatively impact its stock price.
Canadian Solar's downward revision of its FY23 total revenue outlook is a negative signal to investors, indicating potential challenges in the company's performance. This could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100